Area: British Columbia
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(Holding property with redevelopment potential). This 0.29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep (12,831 sq. ft.)—offers exceptional redevelopment potential following a recent rezoning to MUM (Multi-Unit: Medium Scale). The new zoning permits increased density and building heights up to 15 meters, significantly enhancing the site’s development capacity. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit designed at approximately 2,200 sq. ft. including a garage. Situated in a rapidly evolving neighborhood. Concept images of the original townhouse design are available upon request. Additionally, assembly with the neighboring property creates the potential for a 54–72 unit apartment development, substantially increasing overall project scale and value. Acquiring both parcels together represents a significant value-add opportunity for developers and investors. (The interior needs a substantial update, the exterior appears to be in reasonable condition). Renovation potential, rental potential, value-add opportunity, ready for your vision. (id:44056)

Property Details

Full Address:
3708 25 Avenue, Vernon, British Columbia
Price:
$ 550,000
MLS Number:
10374066
List Date:
February 2nd, 2026
Neighbourhood:
City of Vernon
Lot Size:
0.29 ac
Year Built:
1930
Taxes:
$ 2,989

Interior Features

Bedrooms:
4
Bathrooms:
2
Heating:
Forced air, See remarks
Fireplaces:
1
Basement:
Full

Building Features

Storeys:
1.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Other
Garage:
RV
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 2,989

Floors

Finished Area:
2962 sq.ft.

Land

Lot Size:
0.29 ac

Neighbourhood Features

Amenities Nearby:
Rural Setting, High Traffic Area, Pets Allowed, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

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Hank Prebushewski Coldwell Banker Executives Realty
 250-308-4337
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Listing Agent(s)

Listing: Hank Prebushewski
Coldwell Banker Executives Realty

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